Latest Releases
U.S. Senator Tina Smith Joins Elizabeth Warren, Banking Committee Democrats in Pressing SEC Chair to Require Disclosure of Corporate Lobbying Expenditures
Washington, D.C. — Today, U.S. Senators Tina Smith (D – Minn.), Sherrod Brown (D-Ohio.), Jon Tester (D-Mont.) and John Fetterman (D-Pa.) signed onto a letter led by Senator Elizabeth Warren (D – Mass.) urging Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), to create new rules requiring public companies to disclose their spending on lobbying efforts. Public companies are not currently required to report information on the details of their lobbying to the SEC even as corporate lobbying expenditures reach record highs. “In 2022, total federal lobbying expenditures reached $4.1 billion – the highest since 2010. Amazon and Meta spent almost $20 million each to influence decision-making in Congress and across government agencies, while the U.S. Chamber of Commerce – which counts companies like JPMorgan Chase, Alphabet, and Chevron among its members – spent $79.4 million,” wrote the senators. “While these figures are staggering, they provide little insight into the interests that companies spend millions each year to advance. This lack of transparency erodes the ability of everyday investors to make informed decisions about where to invest their money – and where their money goes once they have invested.” Specifically, the senators are requesting that such rules require disclosure of lobbying strategy, the total amount of direct or indirect contributions to registered state and federal lobbyists and any material risks related to or arising from lobbying strategies and expenditures. The senators requested the SEC provide them with details on their plans to develop and issue such rules no later than
U.S. Senators Tina Smith, Tom Cotton Reintroduce Bipartisan Legislation to Boost U.S. Pharmaceutical Manufacturing
WASHINGTON, D.C. — Today, Senators Tina Smith (D-MN) and Tom Cotton (R-AR) reintroduced bipartisan legislation to reduce dependence on foreign pharmaceutical manufacturing and boost production in the U.S. The pandemic exposed our nation’s dependence on other countries for essential prescription drugs. Seventy-seven percent of key pharmaceutical ingredients come from overseas, including from China, threatening the security of the supply chain and leading to shortages of essential prescription drugs. The American Made Pharmaceuticals Act would reduce our dependence on foreign countries for pharmaceuticals by boosting production here at home. The legislation would create federal incentives to onshore manufacturing of essential medicine, while taking steps to shore up links in the supply chain. “We know that depending on foreign countries for key resources – whether it’s oil or medicine – leaves us vulnerable to global supply chain shocks and shortages,” said Sen. Smith. “This bipartisan legislation would reduce our dependence on foreign pharmaceutical manufacturing and help boost production here at home. I look forward to getting this bill across the finish line so we can relieve prescription drug shortages and build more resilient supply chains.” “The Chinese Communist Party threatened to cut off America’s access to vital drugs during the pandemic,” said Sen. Cotton. “It’s time to bolster onshore manufacturing of pharmaceuticals to ensure Americans never have to rely on China for lifesaving medicine.” “Amneal applauds Senators Smith and Cotton on their targeted approach to increase pharmaceutical manufacturing here in the United States,” said Chirag Patel, President & Co-CEO of Amneal Pharmaceuticals. “Ensuring that
Senator Tina Smith, Congressman Rick Nolan Introduce Legislation to Protect Minnesota Families in Rural Areas from Losing their Homes
U.S. Senator Tina Smith and Rep. Rick Nolan (D-Minn.) have teamed up to support affordable housing for Minnesotans who live in rural areas. The Rural Housing Preservation Act, which the two lawmakers introduced this week, would help families, seniors, and people with disabilities who are at risk of losing rental assistance through the Department of Agriculture’s (USDA) Rural Housing Service. The bill also gives communities more flexibility to maintain their existing affordable housing options. “As a leader of the rural development caucus, a top priority of mine is to help communities with issues like housing access,” said Senator Smith.“I’ve had
Sens. Tina Smith, Todd Young Introduce Bipartisan Legislation to Shore up Public Health Emergency Prevention & Response
U.S. Senator Tina Smith and Todd Young (R-Ind.) have introduced their bipartisan Advancing Emergency Preparedness Through One Health Act, which would improve public health preparedness by ensuring federal agencies advance a “One Health” approach—the idea that human and animal health are linked, and that they should be studied together to prevent and respond to disease outbreaks. The bill would improve coordination among those studying animal and human health by requiring the Department of Health and Human Services (HHS) and the Agriculture Department (USDA) to adopt a One Health framework with other agencies. “Minnesota was hit by an avian flu outbreak a
Sen. Tina Smith Introduces Legislative Roadmap for Next Farm Bill Energy Section
U.S. Senator Tina Smith, a member of the Senate Ag Committee, has laid out a legislative roadmap for the energy section of next federal Farm Bill, which is being written in Congress this year. Sen. Smith’s Agricultural Energy Programs Reauthorization Act is a strong marker for the future of our federal ag energy policies. It would significantly strengthen energy programs that have seen success in the current Farm Bill, including the Rural Energy for America Program (REAP), the biorefinery loan guarantee program, and the Biomass Crop Assistance Program. Notably, REAP is the program that helps ag producers and local businesses
Sen. Tina Smith’s Statement on Trump Administration’s Decision to End Program Protecting Liberian-Americans from Deportation
Today, U.S. Senator Tina Smith released the following statement about the Trump Administration’s announcement that it will be ending the Deferred Enforced Departure program for Liberian immigrants: “Minnesota is now home to one of the largest Liberian-American communities in the country, some 30,000 people strong. It’s their home. And today’s news that President Trump decided, effective March 31, 2019, to terminate Deferred Enforced Departure (DED) for Liberia—the program that allowed survivors of Liberia’s bloody civil war to stay in the U.S.— is shameful. “For the overwhelming majority of people this decision affects, there is nothing to go back to in
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